ZSE scratch gains in week-ending session..
The ZSE market eked out a 0.39% gain in Friday’s session to close the week at 145,265.26pts as the ZSE Agriculture Index added 1.49% to settle at 516.13pts. The Mid Cap Index advanced 1.40% to 590,667.03pts as the Top 10 Index slipped 0.07% to 64,233.90pts dragged down by Ecocash and OK Zimbabwe. Tobacco processor TSL Limited topped the winners’ list as it surged 15.00% to $517.9000 while, bricks manufacturer Willdale garnered 13.83% to $14.4000. Banking group NMB grew 5.13% to $300.8824 as First Mutual Holdings gained 3.85% to $519.2345. Packaging group Nampak capped the top five best performers of the day on a 3.25% rise to $346.0000. Headlining the laggards of the day was Ecocash Holdings that dropped 3.63% to $130.0502 while, retailer OK Zimbabwe trimmed 2.31% to $140.0685. Turnall slipped 1.25% to $25.1818 as sugar processor Star Africa completed the fallers’ set on 0.03% retreat to $4.9887. Thirteen counters recorded gains against seven that lost ground to leave the market with a positive breadth of six.
Activity aggregates faltered in the session as volumes declined 50.33% to 1.31m shares while, value traded succumbed 41.36% to $564.45m. Volume leaders of the day were OK Zimbabwe (26.04%), Econet (25.45%) and Meikles (20.57%). Meikles Limited and Econet claimed a combined 65.71% of the value outturn. The MIZ ETF put on 3.64% to end pegged at $7.0000 while, Old Mutual ETF improved 2.01% to $31.4850. The Datvest MCS climbed 0.52% to end at $7.2375. A total of 34,124 units worth $1,101,305.20 exchanged hands. The Tigere REIT eased 1.23% to end at $236.9658 as 151,970 units worth $36.01m traded.